An international group of central bank regulators and government ministers has told the G20 countries that bitcoin poses no threat to global financial stability, due to its small size compared to global economy. Mark Carney, the Financial Stability Board’s Chairman stated, “Even at their recent peak, their (cryptocurrencies) combined global market value was less than 1% of global GDP," he added. “In comparison, just prior to the global financial crisis (in 2008), the notional value of credit default swaps was 100% of global GDP.” This positive news pushed Bitcoin’s price +$1000. #bitcoin#bitcoins#g20#news#conference#meeting#minds#wealth#blockchain#crypto#cryptocurrency#money#stocks